Clarkfield, MN
Population 868 · Minnesota
About Clarkfield, MN
Clarkfield is a small community located in Minnesota with a population of 868 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,232 per year, which is 24% below the national median of $75,149. The median age of 34.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Clarkfield features a median home value of $86,400, which is 65% below the national median of $244,900. This makes Clarkfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $792, 32% below the national average of $1,163/month. Of the 422 total housing units, 78% are owner-occupied (281 units) and 22% are renter-occupied (80 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Clarkfield shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Clarkfield have an average one-way commute time of 22.5 minutes.
Education & Demographics
12.8% of Clarkfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.6% White, 5.5% Hispanic or Latino, 0.0% Black or African American, and 2.5% Asian residents, with 6.6% of the population being foreign-born.
Cost of Living in Clarkfield, MN
Compared to national averages, Clarkfield has a median household income of $57,232 (24% below the national median of $75,149). Home values average $86,400, which is 65% below the national median. Monthly rent at $792 is 32% below the US average of $1,163. Within Minnesota, Clarkfield's income is 23% below the state average of $74,221, and home values are 58% below the state median of $204,472.
Why Live in Clarkfield, MN?
Clarkfield offers affordable housing with a median home value of $86,400, below the US average of $244,900, and rent that’s lower than the national average at $792/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 11.4%, better than the national average, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($57,232) that falls below the national average. However, Clarkfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Clarkfield has a population of 868 with a median age of 34.4 years. Compare Clarkfield with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Clarkfield
What is the population of Clarkfield, MN?
The population of Clarkfield, MN is 868 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Clarkfield?
The median household income in Clarkfield, MN is $57,232 per year, which is 24% below the national median of $75,149.
What is the median home value in Clarkfield?
The median home value in Clarkfield, MN is $86,400, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Clarkfield?
The median monthly rent in Clarkfield, MN is $792, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Clarkfield?
The unemployment rate in Clarkfield, MN is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Clarkfield, MN a good place to live?
Clarkfield offers a moderate cost of living, affordable housing, and a strong job market. With a population of 868 and a median age of 34.4, the city appeals to young professionals and families.
How educated is Clarkfield, MN?
12.8% of residents in Clarkfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Clarkfield?
Key cost-of-living indicators for Clarkfield, MN: median home value is $86,400 (65% below national), median rent is $792/month, and median household income is $57,232. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Clarkfield?
The poverty rate in Clarkfield, MN is 11.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Clarkfield, MN?
Clarkfield's population is 8.6% White, 5.5% Hispanic or Latino, 0.0% Black or African American, 2.5% Asian, and 0.0% two or more races. 6.6% of residents are foreign-born.